Dictionary of Procurement Terms

Welcome to the NIGP Online Dictionary of Procurement Terms, the comprehensive reference for public purchasing terms and concepts.

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  • Clawback

    Contingent monies or considerations previously disbursed that are returned due to unrealized fulfillment of terms upon which the considerations were distributed.

  • Clayton Act (The Clayton Anti-Trust Act) (U.S. Law)

    A 1914 supplement to the Sherman Antitrust Act. Regulates general business practices that may be detrimental to fair competition. Some of the business practices regulated by the Clayton Act are price discrimination; exclusive dealing Contracts; mergers and acquisitions and interlocking directorates.

    See Also: Price Fixing, Sherman Antitrust Act (U.S. Law)

  • Clean Bill of Lading


    See Also: Bill of Lading

  • Clerical Mistake

    A mistake of a contractor in a bid or proposal that results from a clerical error; often referred to as a “minor irregularity.” Such mistakes usually may be corrected within a specified period. Examples may include the misplacement of a decimal point or the reversal of prices.

  • Click-and-Ship

    A sales operation where customers order products online and the product is shipped directly to the customer. On-line ordering of products used to facilitate Just-in-Time procurement. May be referred to as “Point-Click-Buy-Ship.”

  • Client

    Individual, department, or entity with whom procurement professionals consult and collaborate in procuring a desired or required good or service. The client may also be the end user.

    See Also: End-user

  • Client Agency

    Identifies the name and address of the entity on whose behalf the Bid request has been submitted.

  • Client Entity

    Identifies the name and address of the entity on whose behalf the solicitation is being issued.

  • Client/Server

    A computer system architecture in which a central computer program provides information to a number of requesting computer programs known as clients.

  • Closed Corporation

    A corporation whose stock is owned by relatively few people and is not sold to the general public. (Business, 2002)

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